Silicon Fertilizer Market is expected to grow at a CAGR of 3.7% from 2020-2027: Jaipur Bio Fertilizer, MAXSIL (SILICON FERTILISERS PTY LTD), Vedant Agrotech, Qingdao Re-green Biological Technology Co., Ltd

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Silicon is the second most abundant element in the earth's crust after oxygen. Naturally, silicon occurs as silicates and oxides and is exploited as a fertilizer offering resistance to several plant diseases. Silicon fertilizer plays a vital role in plant growth, mechanical strength, mineral nutrition, and resistance to fungal diseases. It also helps develop plant roots, decrease abiotic stress, and prevent stalk lodging, which promotes upright growth of the field and horticultural crops.

Based on type, the silicon fertilizer market is bifurcated into natural and synthetic. The synthetic segment accounted for a larger share of the market in 2019. Synthetic silicon fertilizer are artificial fertilizer and contains chemicals and inorganic substances. They immediately supply essential nutrients to soil. Synthetic fertilizer are known as fast acting fertilizer and can be taken up by plants immediately. Synthetic silicon fertilizer are highly water-soluble and can leach into waterways. Synthetic silicon fertilizer must be reapplied regularly to keep the results from fading.

In terms of region, the silicon fertilizer market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific held the largest share of the market in 2019, followed by North America. The major factors fueling the market are technological innovations in the silicon fertilizer market, reduction in per capita arable land, and an increase in demand for food. The population of Asia Pacific is rising dramatically. This increasing population is stimulating the demand for food.

Agripower Australia Pty Ltd., Denka Company Limited, Jaipur Bio Fertilizer, MAXSIL (SILICON FERTILISERS PTY LTD), Vedant Agrotech, Vision Mark Biotech, Certis USA L.L.C., Nutri-Tech Solutions Pty. Ltd., AGRI nova Science, and Qingdao Re-green Biological Technology Co., Ltd. are among the well-established players in the global silicon fertilizer market.

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The silicon fertilizer market size has been derived in accordance with to both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data as well as to gain more analytical insights into the topic.

Participants typically involved in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the silicon fertilizer market.

Based on application, the silicon fertilizer market is segmented intofield crops, horticultural crops, hydroponics, and floriculture. The field crops segment accounted for the largest share ofthe market in 2019. On a global scale, field crop yields and fertilizer silicon consumption have increased widely during the past four decades and are positively correlated with one another. However, substantial differences exist in historical trends of silicon fertilizer usage among regions and crops. The reasons for the differences need to be understood to estimate the future of silicon fertilizer requirements. Silicon helps in limiting the effects of biotic and abiotic stresses in field crops.

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